Primemd Stock Odds of Future Pink Sheet Price Finishing Over 5.0E-4
| PRMD Stock | USD 0.0005 0.0002 66.67% |
Primemd |
Primemd Target Price Odds to finish over 5.0E-4
The tendency of Primemd Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.0005 | 90 days | 0.0005 | near 1 |
Based on a normal probability distribution, the odds of Primemd to move above the current price in 90 days from now is near 1 (This Primemd probability density function shows the probability of Primemd Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Primemd has a beta of -0.33 indicating as returns on the benchmark increase, returns on holding Primemd are expected to decrease at a much lower rate. During a bear market, however, Primemd is likely to outperform the market. Moreover Primemd has an alpha of 1.0567, implying that it can generate a 1.06 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Primemd Price Density |
| Price |
Predictive Modules for Primemd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Primemd. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Primemd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Primemd is not an exception. The market had few large corrections towards the Primemd's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Primemd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Primemd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.06 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0.000049 | |
Ir | Information ratio | 0.11 |
Primemd Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Primemd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Primemd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Primemd is way too risky over 90 days horizon | |
| Primemd has some characteristics of a very speculative penny stock | |
| Primemd appears to be risky and price may revert if volatility continues | |
| Primemd has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 69.98 K. Net Loss for the year was (101.12 K) with profit before overhead, payroll, taxes, and interest of 67.8 K. | |
| Primemd currently holds about 435.5 K in cash with (90.82 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Primemd Technical Analysis
Primemd's future price can be derived by breaking down and analyzing its technical indicators over time. Primemd Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Primemd. In general, you should focus on analyzing Primemd Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Primemd Predictive Forecast Models
Primemd's time-series forecasting models is one of many Primemd's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Primemd's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Primemd
Checking the ongoing alerts about Primemd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Primemd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Primemd is way too risky over 90 days horizon | |
| Primemd has some characteristics of a very speculative penny stock | |
| Primemd appears to be risky and price may revert if volatility continues | |
| Primemd has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 69.98 K. Net Loss for the year was (101.12 K) with profit before overhead, payroll, taxes, and interest of 67.8 K. | |
| Primemd currently holds about 435.5 K in cash with (90.82 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Primemd Pink Sheet
Primemd financial ratios help investors to determine whether Primemd Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Primemd with respect to the benefits of owning Primemd security.